market-determined

welcome their commitment over time to move to a more flexible, market-determined exchange rate, ' he said.

Mr Lew said he had raised the issue in his meetings with leaders and stressed that the value of the renminbi should be "market-determined" .

"I am never going to be satisfied until there is a market-determined currency. But they are not ready to have one yet, " he said.

Paulson emphasized that China needs a "market-determined" currency to have balanced growth and to contribute to a healthy global economy.

In their meeting, Bush told Wen he favors "market determined exchange rates, " White House spokesman Scott McClellan said.

The G20's reflexive hostility to non-market determined exchange rates could be another casualty of the eurozone sovereign debt crisis.

Mr Zhou periodically expresses support for more "market-determined" interest rates, to improve the allocation of resources.

The world would be better off if the value of China's currency were truly market-determined, allowing better resource allocation.

International resistance is likely to be minimal, in spite of the G20's commitment to market-determined exchange rates.

Japan's fragile government would essentially be locking horns with a $3 trillion-a-day foreign exchange market determined to buy the yen.

An open capital account would allow the currency to float freely and be market-determined.

So it is important for China to move more quickly toward a market determined currency, which is its stated goal.

The yield on Notes is market determined.

Slowly but surely, Beijing should allow the renminbi to find a market-determined equilibrium.

I mean, how do you have a currency in the SDR that's not market-determined but determined by a government? '

'This is a great way to show a more market-determined exchange rate, ' said Richard Yetsenga, a currency strategist for HSBC in Hong Kong.